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NEW ORLEANS (AP) — A 93-year-old former Catholic priest sentenced to life in prison earlier this month for raping a teenage boy has died, Louisiana authorities and his lawyer confirmed Friday. Less than two weeks after being sentenced to spend the rest of his life behind bars, Lawrence Hecker died of natural causes at 3 a.m. Thursday at the Elayn Hunt Correctional Center, according to Ken Pastorick, Louisiana Department of Public Safety and Corrections communications director. Hecker had pleaded guilty to charges including first-degree rape and aggravated kidnapping shortly before jury selection for his long-delayed trial had been scheduled to begin earlier this month, with other victims prepared to testify against him. The survivor of the assault to which Hecker pleaded guilty had said that Hecker raped him after offering to instruct him in wrestling moves ahead of tryouts for a school team in the mid-1970s. “The only prayer I can come up with I hope he spends eternity in hell after God’s judgment of him,” the survivor said in a written statement provided by his attorney, Richard Trahant. “Now after his death I feel vindicated and free,” he said. The Associated Press does not identify those who say they have been sexually assaulted. Hecker’s trial had been delayed for months partly because of questions around his mental competency. Hecker had suffered from dementia, his lawyer Bobby Hjortsberg said. Hecker had been ordained as an archdiocesan priest in 1958 and remained in this position even after facing an undisputed complaint of child molestation in the late 1980s, according to court records . Hecker left the ministry in 2002. Hecker’s conviction occurred amid a wave of sexual abuse allegations against the Catholic church in New Orleans, many resurfacing from decades ago. The fallout has left the Archdiocese of New Orleans embroiled in bankruptcy negotiations. ___ Brook is a corps member for The Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Follow Brook on the social platform X: @jack_brook96 ___ This story has been updated to clarify that Hecker died at the Elayn Hunt Correctional Center. Authorities had previously stated he died at a Baton Rouge hospital.Former New Orleans priest convicted of raping teen boy dies while serving life sentence
Mumbai: The Society for Innovation and Entrepreneurship (SINE), the business incubator at Indian Institute of Technology (IIT) Bombay, is planning to start a ₹ 100-crore venture capital (VC) fund focused on deep-tech startups in critical areas like science, biotechnology, space and defense. SINE will be the first organisation attached with an educational institute to raise such funds. It has also announced plans to quadruple its support for startups, aiming to incubate 1,000 ventures over the next 10 years. The ambitious expansion plan builds on SINE’s two-decade long track record in nurturing 245 startups with an 80% survival rate, significantly higher than the industry average of 20%. These startups have collectively raised $942 million and are valued at $3.56 billion. “The VC fund will be a game-changer, supporting sectors that drive innovation and addressing areas of strategic national importance,” said Shaji Varghese, chief executive officer, SINE, which supports startups in medtech, biotech, clean energy, sustainability, agritech and mobility. Startups are selected for incubation based on their economic, social, or strategic national relevance, he noted. SINE will approach IIT Bombay alumni, many of whom are industry leaders, to raise subscriptions for the proposed fund following regulatory approvals. “The fund will help bridge the gap in funding for early-stage start-ups where investors are reluctant to invest money,” said Varghese. Santosh J Gharpure, professor-in-charge at SINE, emphasised its critical role in bridging the gap between academia and industry. “SINE has supported startups that generated over 300 intellectual properties across key sectors such as ICT, healthcare, cleantech, and industrials. Many have grown into industry leaders,” he said. Notable successes include Gupshup, an AI-powered messaging platform, and IdeaForge, India’s leading drone manufacturer, which went public on the Bombay and Delhi stock exchanges. Other standouts include Atomberg (BLDC fans), Sedemac (control systems for two-wheelers), and ImmunoACT (cancer immunotherapy). SINE has also contributed to the broader startup ecosystem by mentoring over 60 incubators across India through Central government initiatives. “For any ministry launching a startup programme, SINE is the go-to incubator,” said Gharpure. To further its mission, SINE will host a two-day event titled ‘Innovation Nation: Leveraging India’s Talent and Entrepreneurial Spirit in the Era of Disruptive Technologies’ on November 28-29 at IIT Bombay. The event will feature prominent speakers, panel discussions, and interactive sessions with entrepreneurs, bureaucrats, and corporate leaders. “Our focus has always been on early-stage tech startups, especially in hardware products, where challenges are significant. We aim to make entrepreneurship a priority for students and alumni, encouraging them to view it as a viable career path,” said Milind Atrey, deputy director (academics, research, and translation), IIT Bombay. The incubator also collaborates with corporates across industries, including IT, aerospace, defense and banking. IIT Bombay has invested ₹ 500 crore in a cutting-edge research facility to drive research and development in emerging fields like semiconductors, space, quantum computing, and electric mobility. “This will create a strong pipeline of research ideas with the potential to become successful ventures,” said Atrey.
Daniel Jones' Top NFL Landing Spots After Being Cut by Giants amid $160M Contract( MENAFN - GetNews) With Texas facing another potentially severe winter, the state's power grid is once again under scrutiny. In light of the catastrophic failures during Winter Storm Uri in 2021 and Hurricane Beryl this past summer, residents are increasingly adopting innovative energy solutions to safeguard against outages. Tesla Energy, in partnership with installation leader Vikta Energy, is spearheading efforts to bolster energy resilience and sustainability for Texas homes and businesses. Extreme weather events have become a recurring challenge in Texas. This past summer, Hurricane Beryl left Houston residents without power for nearly two weeks, exposing significant vulnerabilities in the state's unregulated energy grid. As forecasters predict harsh winter conditions, the need for dependable, self-reliant energy systems has never been more urgent. “Texans deserve the security of knowing their homes can weather any storm,” said Angela Zatopek, SVP of Strategic Partnerships at Vikta Energy.“With advanced solar and battery technologies, we can empower homeowners to take control of their power and safeguard their families in the face of grid failures.” Tesla's Role in Creating Resilient Energy Solutions Tesla Energy's suite of products, including the Tesla Solar Roof, Powerwall battery storage, and the Cybertruck Powershare, offers a clean and sustainable alternative to traditional energy sources. These solutions allow homeowners to generate, store, and manage their own electricity, reducing reliance on an often-unreliable grid. Houston residents now have access to Tesla Electric's Virtual Power Plant program, enabling them to sell excess energy back to the grid and contribute to a more stable energy ecosystem. Vikta Energy, Tesla's certified partner, ensures seamless installation and integration of these systems, bringing Tesla's vision of energy independence to life. Addressing Safety and Sustainability The Tesla Powerwall has proven to be a safer alternative to traditional generators, which can pose risks such as carbon monoxide poisoning. Following Hurricane Beryl, Houston saw a concerning rise in generator-related incidents, highlighting the critical need for reliable, non-polluting backup power solutions. The Powerwall provides uninterrupted power during outages, offering peace of mind to families across Texas. A Strategic Shift Toward Renewable Energy Investing in renewable energy is a growing trend among Texans, not only as a safeguard against outages but also as a means to reduce energy costs and environmental impact. Tesla's Solar Roofs and Powerwalls offer long-term solutions that prioritize sustainability and resilience. These systems align with Texas's push toward clean energy while addressing the challenges posed by climate change and infrastructure limitations. “Energy independence is no longer a luxury but a necessity for Texans,” Zatopek added.“We're proud to lead the charge in providing cutting-edge solutions that protect our communities and support a greener future.” MENAFN23122024003238003268ID1109025370 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.INVESTIGATION ALERT (NYSE: IIPR): Dicello Levitt LLP Is Investigating Investor Claims Against Innovative Industrial Properties, Inc. And Encourages IIPR Investors With Losses To Contact The Firm
Number of US troops in Syria has steadily increased over time, Pentagon now says | CNN PoliticsWEST PALM BEACH, Fla. (AP) — President-elect said Wednesday that he has chosen Keith Kellogg, a highly decorated retired three-star general, to serve as his special envoy for Ukraine and Russia. Kellogg, who is one of the architects of a staunchly conservative policy book that lays out an for the incoming administration, will come into the role as Russia’s invasion of Ukraine enters its third year in February. Trump made the announcement on his Truth Social account, and said “He was with me right from the beginning! Together, we will secure PEACE THROUGH STRENGTH, and Make America, and the World, SAFE AGAIN!” Kellogg, an 80 year-old retired Army lieutenant general who has long been Trump’s top adviser on defense issues, served as national security adviser to Vice President , was chief of staff of the National Security Council and then stepped in as an acting security adviser for Trump after resigned. As special envoy for Ukraine and Russia, Kellogg will have to navigate an increasingly untenable war between the two nations. The administration has begun urging Ukraine to and revamping its mobilization laws to allow for the conscription of troops as young as 18. The White House has pushed more than $56 billion in security assistance to Ukraine since the start of Russia’s February 2022 invasion and expects to send billions more to Kyiv before Biden leaves office in less than months. Trump has criticized the billions that the Biden administration has poured into Ukraine. Washington has recently stepped up weapons shipments and has forgiven billions in loans provided to Kyiv. The incoming Republican president has said he could end the war in 24 hours, comments that appear to suggest he would press Ukraine to surrender territory that Russia now occupies. As a co-chairman of the American First Policy Institute’s Center for American Security, Kellogg wrote several of the chapters in the group’s policy book. The book, like the Heritage Foundation’s “Project 2025,” is a move to lay out a Trump national security agenda and avoid the mistakes of 2016 when he entered the White House largely unprepared. Kellogg in April wrote that “bringing the Russia-Ukraine war to a close will require strong, America First leadership to deliver a peace deal and immediately end the hostilities between the two warring parties.” Trump’s U.S. Rep. Michael Waltz (R-Fla.) tweeted Wednesday that “Keith has dedicated his life to defending our great country and is committed to bringing the war in Ukraine to a peaceful resolution.” Kellogg was a character in multiple Trump investigations dating to his first term. He was among the administration officials who listened in on the July 2019 call between Trump and in which Trump prodded his Ukrainian counterpart to pursue investigations into the Bidens. The call, which Kellogg would later say did not raise any concerns on his end, was at the center of the first of two House impeachment cases against Trump, who was acquitted by the Senate both times. On Jan. 6, 2021, hours before pro-Trump rioters stormed the U.S. Capitol, Kellogg, who was then Pence’s national security adviser, listened in on a heated call in which Trump told his vice president to object or delay the certification in Congress of President ’s victory. He later told House investigators that he recalled Trump saying to Pence words to the effect of: “You’re not tough enough to make the call.”
An online debate over foreign workers in tech shows tensions in Trump's political coalitionZUS Coffee – a Necessity, not a LuxuryORCHARD PARK, N.Y. (AP) — Josh Allen may be hard-pressed to top 4,000 yards passing for a fifth consecutive season. And that’s not a bad thing. As much as the five-time defending AFC East champion Bills (12-3) rely on Allen to run what’s still a highly productive offense that’s averaging 31.3 points per outing, a James Cook-led running attack has provided Buffalo an added dimension. Take Buffalo’s 24-21 win over the New England Patriots on Sunday, for example. In a first half in which the defense struggled to get the Pats off the field and Allen went 9 of 17 for 78 yards, Cook injected the necessary spark with a 46-yard touchdown run in helping Buffalo rally from a 14-0 deficit. The touchdown was Cook’s 14th rushing of the season, moving him into a tie for the NFL lead entering Monday. And it was Buffalo’s 29th TD rushing of the season, matching the team record set in 2016. Allen’s passing numbers have dipped — he’s averaging 237 yards per outing, as opposed to 284 in 2020 when he shattered the Bills single-season record. The run game has picked up the slack. Buffalo is averaging 366.5 yards per outing — down slightly from last season (374.5). And yet it hasn’t dented the team’s record. The Bills have 12 wins for the eighth time in team history, and third since 2020. This is the balance coach Sean McDermott not only envisioned, but demanded when changing offensive coordinators midway through last season by replacing Ken Dorsey with Joe Brady. McDermott has always emphasized his belief of games being won at the line of scrimmage. And the Bills have been a different team with Brady overseeing the offense and incorporating six-man fronts to help open holes for the running game. Buffalo’s running attack takes the pressure off Allen having to win games with his arm. It also gives the Bills a ball-control dimension to ease the load from a patchwork and injury-depleted defense , which should be McDermott’s most pressing concern entering the playoffs. The defense — missing four starters including three in the secondary — overcame its depleted ranks against New England with takeaways on the Patriots first three possessions of the second half. The turnover run was capped by cornerback Taron Johnson falling on a loose ball for a touchdown to put the Bills ahead 24-14 with 10:10 left after rookie Drake Maye’s backward pass glanced off the hands of Rhamondre Stevenson. The Bills improved to 24-2 against quarterbacks with 16 or fewer starts since 2019. But that won’t matter much if Buffalo envisions a deep playoff run in an AFC bracket that already includes the experienced likes of Patrick Mahomes, Lamar Jackson and Russell Wilson. Meantime, McDermott has another growing concern on his hands involving a mistake-prone special teams unit. Three weeks ago, in a 44-42 loss to the Rams, Buffalo couldn’t muster a punt block in the final seconds because it only fielded nine players. Against New England, the Patriots caught Buffalo sleeping with a fake punt to convert a fourth-and-1 at its 23. “We got to do a better job there in making sure we get the right grouping on the field,” McDermott said, before acknowledging the decision fell on coordinator Matthew Smiley. Generating takeaways. The defense has forced a turnover in all but one outing this season. Buffalo enjoys a league-best 20-plus turnover differential entering Monday. An injury-depleted defense that allowed 379 yards to New England — the ninth time this season an opponent has topped 350 yards. In its past three games, Buffalo has allowed a combined 1,357 yards and 86 first downs, with opponents going 24 of 40 on third downs. Cook. The third-year running back’s 14 rushing TDs rank third on the team’s single-season list. Only Allen, with 15 last season, and O.J. Simpson, with 16 in a 14-game season in 1975, have more. Smiley. Special teams breakdowns continue to grow for a coordinator who was promoted to the job after Heath Farwell left Buffalo following a 42-36 OT loss to Kansas City in the 2021 playoffs. The Bills were second-guessed for kicking off into the end zone, allowing the Chiefs to gain 44 yards on two plays in the final 13 seconds to set up Harrison Butker’s game-tying 49-yard field goal. Allen hurt his throwing elbow but did not miss a snap. Buffalo’s defense was minus LB Matt Milano (groin), safeties Taylor Rapp (neck shoulder) and Damar Hamlin (ribs), and cornerback Rasul Douglas (knee). LB Baylon Spector, starting in place of Milano, is week to week after hurting his calf on Sunday. 4 — Number of times the Bills have finished with 13 wins. Have a chance to finish 8-0 at Orchard Park for just the second time in team history in closing their home schedule against the New York Jets on Sunday. AP NFL: https://apnews.com/hub/nfl
Kings fire coach Mike Brown less than halfway through his 3rd season, AP source saysUAE arrests three suspects in murder of Israeli-Moldovan rabbiTrump selects longtime adviser Keith Kellogg as special envoy for Ukraine and Russia
‘Living Nostradamus’ predicts that ‘the worst is yet to come’ with ‘biggest threats to global security’Kansas City Chiefs tight end Travis Kelce and his girlfriend Taylor Swift are one of, if not the most high-profile couple in professional sports right now. Anytime the two go anywhere together publicly, it draws a crowd — as does Swift’s solo entrances at Arrowhead Stadium when she shows up to support Kelce when he plays. But just because Kelce and Swift are in the limelight seemingly all the time, it doesn’t mean they’re exempt from some of the team rules the Chiefs have implemented for all of their players leading up to game days. Chariah Gordon, the fiancée of Chiefs receiver Mecole Hardman, recently told People.com that there are eight rules the team has for all of its players to follow, but there are three in particular that apply to Kelce and Swift’s relationship specifically. The first is an 11 p.m. curfew for all players the night before; no exceptions. The NFL CBA states that players can be penalized for curfew violations, which fall under “conduct detrimental to the team.” The second rule is that all significant others, even wives, must stay in separate rooms the night before games. While they are allowed to stay in the same hotel, players have to sleep solo — something Gordon said the team is really strict about. The third rule is that all players must get directly onto the team plane after away games and no significant others are allowed to tag along. Robert Deutsch-Imagn Images “You're more than welcome to go to a game and you can see them after, and then they're getting right back on the flight and they're coming right back home that night,” Jayla Thornton-Cook, wife to Chiefs safety Bryan Cook told People. Swift doesn’t have to worry much about that last one as she’s only attended home games this season due to security concerns at away stadiums due to a couple of incidents over the summer. Swift had to cancel a few of her “Eras Tour” shows in Austria before the season started due to a terrorist plot that she was allegedly the target of. She also had a stalker who was arrested in Germany in July after social media threats were made by him toward her and Kelce. Related: Chiefs President Sets the Record Straight on Travis Kelce-Taylor Swift Relationship Related: Taylor Swift Reportedly on High Alert After Travis Kelce’s Home Was Burglarized
NoneZach Kittley finalizing agreement to take over as Florida Atlantic coach, AP source says
CHARLOTTE, N.C. , Dec. 2, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) announced the signing of a strategic agreement with Bombardier, a global leader in aviation and manufacturer of world-class business jets, to provide advanced technology for current and future Bombardier aircraft in avionics, propulsion and satellite communications technologies. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.BOCA RATON, Fla. (AP) — Florida Atlantic is finalizing the hiring of Texas Tech offensive coordinator Zach Kittley as its new head coach, a person with knowledge of the decision said Monday. Kittley and the school were working through the remaining details Monday, said the person, who spoke to The Associated Press on condition of anonymity because the school has yet to announce that the hiring is complete. The Owls are replacing Tom Herman, with two games left in his second year at the school. Kittley had stints as offensive coordinator at Houston Baptist and Western Kentucky before returning to Texas Tech — his alma mater — in 2022 in the same role. The Red Raiders have averaged 435 yards per game over the last three seasons under Kittley, 22nd best among all FBS teams. This season saw the Red Raiders rank among the nation’s best offenses: They were eighth in yards per play, eighth in points per game, 10th in yards per game and did all that at a pace nearly unmatched nationally. Texas Tech averaged 78.25 plays per game this season, just behind Syracuse’s 78.33 for the national lead. As a student assistant, then graduate assistant and assistant quarterbacks coach at Texas Tech, Kittley helped coach Patrick Mahomes — the Kansas City Chiefs star, NFL MVP and Super Bowl champion — during his collegiate career. The Owls went 3-9 this season, their fourth consecutive losing record. Lane Kiffin went 27-13 with two bowl wins in his three seasons at FAU; the Owls are 22-35 in five seasons since Kiffin left for Ole Miss after the 2019 campaign. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up . AP college football: and
Saquon Barkley and the Philadelphia Eagles make their second-to-last road trip of the regular season Sunday to face Derrick Henry and the Baltimore Ravens. The NFC East-leading Eagles (9-2) have won seven in a row and play four of their final six games in Philadelphia, traveling only about 125 miles to visit the Ravens (8-4) this weekend and the Washington Commanders in Week 16. Sunday's game features the NFL's two leading rushers. Barkley (1,392 yards) and Henry (1,325) are far ahead of Green Bay's Josh Jacobs (944) in third place. Henry leads the league with 13 rushing touchdowns. Barkley (10) is tied for fourth and Philadelphia quarterback Jalen Hurts (11) tied for second. The matchup also features two of the top candidates for Most Valuable Player honors entering Week 13 in Barkley and Baltimore quarterback Lamar Jackson, who won his second MVP award last season. Their competition includes quarterbacks Josh Allen of Buffalo and Jared Goff of Detroit, with Allen widely considered the favorite. "Lamar Jackson and Derrick Henry are phenomenal football players that help their team win football games, and Jalen Hurts and Saquon Barkley are phenomenal football players that help their team win football games," Eagles coach Nick Sirianni said. "Excited about the opportunity this week because it's our next one. It will be a really good opponent, really well coached, good players, good atmosphere that will be there. Excited about the opportunity this week. And we're going to have to be on it against a really good team." The showdown at M&T Bank Stadium also pits Baltimore's No. 1 offense (426.7 yards per game) and No. 2 scoring offense (30.3 points per game) against Philadelphia's No. 1 defense (274.6) and No. 6 scoring defense (18.1). The Eagles have held seven consecutive opponents to under 300 total yards, while the Ravens have gained at least 329 yards of offense in all 11 games. Philadelphia is coming off a 37-20 road win over the Los Angeles Rams on Sunday night in which Barkley smashed the franchise record with 255 rushing yards. Baltimore also earned a prime-time win in Los Angeles, defeating the Chargers 30-23 in the "Harbaugh Bowl" on Monday night behind Jackson's three touchdowns (two passing, one rushing). Jackson said he's looking forward to the Barkley and Henry show. "I've known Saquon from high school. We were in the all-star game together and he jumped over somebody's head," Jackson recalled Wednesday. "So I've pretty much seen him before I even got to the league, college, anything. I've been knowing about Saquon, but Derrick Henry -- King Henry -- I'm with him every day and I'm seeing what he's capable of, so it's going to be a great matchup." Ravens linebacker Roquan Smith practiced Wednesday after sitting out Monday with a hamstring issue. Nose tackle Michael Pierce (calf) was designated to return from injured reserve. Tight end Charlie Kolar (broken arm) is out for several weeks and cornerback Arthur Maulet (calf) did not practice. The Eagles lost veteran defensive end Brandon Graham to a season-ending triceps injury Sunday. Wideout DeVonta Smith (hamstring) missed the win over the Rams and did not practice Wednesday. Neither did cornerbacks Darius Slay (concussion) or Kelee Ringo (calf). Philadelphia is 5-1 away from home this season -- 6-1 if you count their season-opening "home" victory against the Packers in Sao Paulo, Brazil. Baltimore is 4-1 at home. The Ravens hold a 3-2-1 lead in the series with the Eagles. They haven't met since Baltimore's 30-28 win in Week 6 at Philadelphia in 2020. --Field Level Media
Rico Carty, who won the 1970 NL batting title with the Atlanta Braves, dies at 85
Jennison Associates LLC increased its stake in shares of Tri Pointe Homes, Inc. ( NYSE:TPH – Free Report ) by 27.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,197 shares of the construction company’s stock after buying an additional 11,131 shares during the quarter. Jennison Associates LLC owned 0.06% of Tri Pointe Homes worth $2,365,000 at the end of the most recent reporting period. Several other institutional investors have also bought and sold shares of the stock. Gradient Investments LLC acquired a new position in shares of Tri Pointe Homes in the 2nd quarter worth approximately $30,000. Reston Wealth Management LLC bought a new position in Tri Pointe Homes in the 3rd quarter valued at $45,000. GAMMA Investing LLC boosted its stake in Tri Pointe Homes by 63.1% in the second quarter. GAMMA Investing LLC now owns 1,520 shares of the construction company’s stock worth $57,000 after purchasing an additional 588 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Tri Pointe Homes by 31.7% during the second quarter. Blue Trust Inc. now owns 1,774 shares of the construction company’s stock worth $69,000 after purchasing an additional 427 shares during the last quarter. Finally, CWM LLC increased its stake in shares of Tri Pointe Homes by 70.8% in the second quarter. CWM LLC now owns 2,220 shares of the construction company’s stock valued at $83,000 after buying an additional 920 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock. Analyst Upgrades and Downgrades Several research analysts recently issued reports on the stock. Wedbush reiterated a “neutral” rating and set a $42.00 price target on shares of Tri Pointe Homes in a research report on Thursday, October 24th. Oppenheimer decreased their price target on shares of Tri Pointe Homes from $56.00 to $53.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Zelman & Associates upgraded shares of Tri Pointe Homes from an “underperform” rating to a “neutral” rating and set a $43.00 price objective for the company in a research report on Tuesday, September 17th. Finally, Royal Bank of Canada decreased their price objective on Tri Pointe Homes from $48.00 to $45.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Tri Pointe Homes presently has a consensus rating of “Moderate Buy” and an average price target of $45.75. Insiders Place Their Bets In other Tri Pointe Homes news, General Counsel David Ch Lee sold 5,000 shares of the stock in a transaction on Friday, September 13th. The shares were sold at an average price of $44.28, for a total value of $221,400.00. Following the sale, the general counsel now directly owns 85,792 shares in the company, valued at approximately $3,798,869.76. This trade represents a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website . Company insiders own 2.00% of the company’s stock. Tri Pointe Homes Trading Up 1.5 % Shares of NYSE TPH opened at $42.62 on Friday. Tri Pointe Homes, Inc. has a fifty-two week low of $28.74 and a fifty-two week high of $47.78. The firm has a market capitalization of $3.99 billion, a P/E ratio of 8.84, a P/E/G ratio of 0.68 and a beta of 1.60. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.64 and a quick ratio of 1.64. The company’s 50 day simple moving average is $43.26 and its 200 day simple moving average is $41.53. Tri Pointe Homes ( NYSE:TPH – Get Free Report ) last posted its quarterly earnings results on Thursday, October 24th. The construction company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.11. Tri Pointe Homes had a return on equity of 14.83% and a net margin of 10.41%. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the prior year, the business posted $0.76 EPS. The firm’s quarterly revenue was up 34.9% on a year-over-year basis. On average, analysts predict that Tri Pointe Homes, Inc. will post 4.72 EPS for the current year. Tri Pointe Homes Profile ( Free Report ) Tri Pointe Homes, Inc engages in the design, construction, and sale of single-family attached and detached homes in the United States. The company operates through a portfolio of six regional home building brands comprising Maracay in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California, Colorado, and the Carolinas; and Winchester Homes in Maryland and Northern Virginia. Further Reading Receive News & Ratings for Tri Pointe Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tri Pointe Homes and related companies with MarketBeat.com's FREE daily email newsletter .
